AscTrend ?

[Javier]

No apologies eDanny and no disappointment. Thank you for sharing your work. One little step at the time is how we move forward. Keep up your work.

Javier

[Javier]

No apologies eDanny and no disappointment. Thank you for sharing your work. One little step at the time is how we move forward. Keep up your work.

Javier

eDanny In addition to my previous post I'd like to ask you this; I wonder what could I do to move the Trend Sign to the right side of the chart (see picture attached). I have moved the chart's right side margin to 135 pix to accommodate for the green panel below and visually, because the way I have my charts, would be better to place the Trend UP/Trend Down sign above the green. Less moving my eyes left to right. I do day trading/scalping and all my focus is on the right side of the chart.

I'd appreciate if you or someone else could help.
Thanks
Javier

[eDanny]

Sorry about that. I too have a similar right margin but since most don't, and since I wasn't using the trend signs, I didn't think to incorporate this idea. Fixed!

[Javier]

eDanny; Thanks so much. It works perfectly and since I am new to it I'm observing everything including the Signs timing.
This is another humbling example of unselfish traders sharing their knowledge..

Javier

[zeller4]

Any New Updates?

10/30/08: Here is a zip file with all the indicators I mentioned before in MQL format in case anyone wanted to attempt a conversion.

I've also included the LabTrend and Price Channel indicators from the TSD elite section. LabTrend seems to be almost the same as ASCTrend, but maybe a bit better?

Any changes to these files / conversion attempts?

thanks for the update.

kz

[Elliott Wave]

No updates but I did find some indicators based on the Brain Trading system which seems really similar to AscTrend.

http://www.braintrading.com/modules/home.htm

I'll post them as well in case someone is up to a conversion.

[mahlonhersh]

Trend label

Is there a way to turn off the coloring of the candlesticks according to the trend and just display the trend label - Up, Down, or Neutral? I am looking for a way to see the status of the trend with a simple label - Up, Down, or Neutral.

Thanks,

Mahlon

[eDanny]

Now you have a switch to turn candles on or off.

Edit: fixed file is in a later post.

[mahlonhersh]

Thanks for the quick work. Great job!

[eDanny]

I would recommend when you get a change you want, examine the code to see how it was done. This was a 2 minute job BTW so NP.

[zeller4]

Understanding the code

eDanny,
Would you please tell me the "layman's translation" for this portion of the code. I see the myperiod is 27 but I'm not sure about the " == 0 ? 1 : " portion. Also, why is it "-100 *"?

[SIZE=2][FONT=Courier New][SIZE=2][FONT=Courier New]myDataSeries.Set(-[/FONT][/SIZE][/FONT][/SIZE][FONT=Courier New][SIZE=2][COLOR=#800080][FONT=Courier New][SIZE=2][COLOR=#800080][FONT=Courier New][SIZE=2][COLOR=#800080]100[/COLOR][/SIZE][/FONT][/COLOR][/SIZE][/FONT][/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2][FONT=Courier New][SIZE=2] * (MAX(High, myperiod)[[/SIZE][/FONT][/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080][FONT=Courier New][SIZE=2][COLOR=#800080][FONT=Courier New][SIZE=2][COLOR=#800080]0[/COLOR][/SIZE][/FONT][/COLOR][/SIZE][/FONT][/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2][FONT=Courier New][SIZE=2]] - Close[[/SIZE][/FONT][/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080][FONT=Courier New][SIZE=2][COLOR=#800080][FONT=Courier New][SIZE=2][COLOR=#800080]0[/COLOR][/SIZE][/FONT][/COLOR][/SIZE][/FONT][/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2][FONT=Courier New][SIZE=2]]) / (MAX(High, myperiod)[[/SIZE][/FONT][/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080][FONT=Courier New][SIZE=2][COLOR=#800080][FONT=Courier New][SIZE=2][COLOR=#800080]0[/COLOR][/SIZE][/FONT][/COLOR][/SIZE][/FONT][/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2][FONT=Courier New][SIZE=2]] - MIN(Low, myperiod)[[/SIZE][/FONT][/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080][FONT=Courier New][SIZE=2][COLOR=#800080][FONT=Courier New][SIZE=2][COLOR=#800080]0[/COLOR][/SIZE][/FONT][/COLOR][/SIZE][/FONT][/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2][FONT=Courier New][SIZE=2]] == [/SIZE][/FONT][/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080][FONT=Courier New][SIZE=2][COLOR=#800080][FONT=Courier New][SIZE=2][COLOR=#800080]0[/COLOR][/SIZE][/FONT][/COLOR][/SIZE][/FONT][/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2][FONT=Courier New][SIZE=2] ? [/SIZE][/FONT][/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080][FONT=Courier New][SIZE=2][COLOR=#800080][FONT=Courier New][SIZE=2][COLOR=#800080]1[/COLOR][/SIZE][/FONT][/COLOR][/SIZE][/FONT][/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2][FONT=Courier New][SIZE=2] : MAX(High, myperiod)[[/SIZE][/FONT][/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080][FONT=Courier New][SIZE=2][COLOR=#800080][FONT=Courier New][SIZE=2][COLOR=#800080]0[/COLOR][/SIZE][/FONT][/COLOR][/SIZE][/FONT][/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2][FONT=Courier New][SIZE=2]] - MIN(Low, myperiod)[[/SIZE][/FONT][/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#800080][FONT=Courier New][SIZE=2][COLOR=#800080][FONT=Courier New][SIZE=2][COLOR=#800080]0[/COLOR][/SIZE][/FONT][/COLOR][/SIZE][/FONT][/COLOR][/SIZE][/FONT][FONT=Courier New][SIZE=2][FONT=Courier New][SIZE=2]]));[/SIZE][/FONT]
[/SIZE][/FONT][FONT=Courier New][SIZE=2][COLOR=#008000][FONT=Courier New][SIZE=2][COLOR=#008000][FONT=Courier New][SIZE=2][COLOR=#008000]// [/COLOR][/SIZE][/FONT]
[/COLOR][/SIZE][/FONT][/COLOR][/SIZE][/FONT]

Any chance you considered porting the other files shown in the Elliott Wave post #36?

Appreciate the info.

Best Regards,
Kirk

[eDanny]

This isn't my code or port and as such I haven't looked at how it works. I only spruced it up with trend candles (I think), added the trend banner, etc. Sorry.

[NinjaTrader_Bertrand]

Hi zeller4, from a quick look it seems to be an inverted stochastic delivering the color changes...please contact the original author to clarify the code.

== 0 ? 1 :

This is just a common check to guard against divide by zero errors in code...if the former is 0 assign a value of 1 otherwise continue....

[mahlonhersh]

Trend label

eDanny,

I tried this latest version to only display the trend label. It doesn't seem to be changing unless the candlestick option is enabled. Am I missing something? What is the purpose of the "Trend" selection in the setup panel?

Thanks,

Mahlon

[eDanny]

Hmmm, I'll have to check it when I have NT running.

Ok seems to work now.